Boxlight (BOXL) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Boxlight in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BOXL shares.
View BOXL analyst ratings or view top-rated stocks.

2 equities research analysts have issued 1-year target prices for Boxlight's shares. Their BOXL share price forecasts range from $1.75 to $3.00. On average, they expect the company's stock price to reach $2.25 in the next twelve months. This suggests a possible upside of 701.9% from the stock's current price.
View analysts price targets for BOXL or view top-rated stocks among Wall Street analysts.

Boxlight's stock was trading at $0.3108 at the beginning of the year. Since then, BOXL shares have decreased by 9.7% and is now trading at $0.2806.
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Boxlight saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 535,800 shares, an increase of 81.6% from the April 30th total of 295,000 shares. Based on an average daily trading volume, of 487,400 shares, the short-interest ratio is presently 1.1 days.
View Boxlight's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our BOXL earnings forecast.

Boxlight Co. (NASDAQ:BOXL) announced its quarterly earnings data on Wednesday, March, 15th. The company reported ($0.03) EPS for the quarter, beating analysts' consensus estimates of ($0.06) by $0.03. The business earned $42.80 million during the quarter, compared to analyst estimates of $48.07 million. Boxlight had a negative net margin of 0.99% and a negative trailing twelve-month return on equity of 7.82%.

Boxlight updated its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $50.00 million-$50.00 million, compared to the consensus revenue estimate of $57.36 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Boxlight investors own include Sorrento Therapeutics (SRNE), Coty (COTY), ADMA Biologics (ADMA), Remark (MARK), NIO (NIO), Advanced Micro Devices (AMD), Bionano Genomics (BNGO), Cloudera (CLDR), Designer Brands (DBI) and Energy Transfer (ET).

(BOXL) raised $7 million in an initial public offering on Thursday, November 30th 2017. The company issued 1,000,000 shares at $7.00 per share. Aegis Capital served as the underwriter for the IPO.

Boxlight trades on the NASDAQ under the ticker symbol "BOXL."

Boxlight's stock is owned by many different retail and institutional investors. Top institutional investors include Geode Capital Management LLC (0.71%), Renaissance Technologies LLC (0.44%) and Long Focus Capital Management LLC (0.27%). Insiders that own company stock include Dale Strang, Henry Nance, James Mark Elliott, K Laser Technology Inc, Mark Starkey, Michael Ross Pope, Patrick Foley, Rudolph F Crew and Shaun Marklew.
View institutional ownership trends.

Shares of BOXL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BOXL stock can currently be purchased for approximately $0.28.

Boxlight (NASDAQ:BOXL) has a market capitalization of $21.08 million and generates $221.78 million in revenue each year. The company earns $-3,740,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis.

The company employs 189 workers across the globe.

Boxlight's mailing address is 1045 Progress Circle, Lawrenceville GA, 30043. The official website for the company is www.boxlightcorp.com. The company can be reached via phone at (678) 367-0809 or via email at michael.pope@boxlight.com.